- Economy is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on!

Renewable energy costs will exceed CZK 1 trillion

The financial subsidy for the devices for the production of electricity from biomass, wind, water, solar radiation and biogas will continue to be a burden a for the Czech Republic’s economy for a long time, the Supreme Audit Office (NKÚ) has stated in its study. The authority estimates that the total costs of supported renewable energy resources (RER) will exceed CZK 1 trillion until 2030. A major portion of the sum will be paid by the clients themselves through surcharges to the consumed electricity. RER-related costs totalled almost CZK 157bn in 2011-2014.



We Ensure your business gets seen - Use the power of video advertising! 

With a total of over 300,000-page visits per month and over 60,000 followers on social media channels, PTV Media Group is the leading international media service in Prague, Czech Republic. If you are interested to take the next step with your company and you are ready for new clients, visit

Exchange rates
Upcoming Events